Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India's diamond export pain is hiding a brighter story at home
India's diamond exports have declined over recent financial years. Retail giants are increasing investments in both natural and lab-grown diamonds. This domestic focus targets a growing demand from younger Indian consumers. Retailers are expanding offerings to cater to evolving preferences for lightweight jewelry. Natural diamonds continue to hold a significant position in premium portfolios.
Bosch Home Comfort shares surge 4% after OFS opens for non-retail investors today
A minimum of 10% of the shares on offer are reserved for retail investors, classified as those who have an authorized share capital of up to ₹2 lakh. Bosch Home Comfort plans to sell 19.63 lakh shares through this OFS.
China stocks mixed as weak consumer and property data offset industrial strength
Investor sentiment was weighed down by signs of uneven economic recovery. China's new home prices fell for a 35th straight month, remaining at their sharpest pace of decline since May 2025. Fixed-asset investment growth for JanuaryMay also missed expectations, while retail sales unexpectedly contracted in May, marking their first annual decline since December 2022.
IKEA sets up India development centre in push beyond sourcing
IKEA has launched a new product development center in India. This move positions India as a key hub for designing home furnishings for both local and international markets. The company aims to develop affordable products relevant to Indian consumers. This expansion signifies IKEA's commitment to India's full value chain, from retail to manufacturing and now product innovation.
Shalibhadra Finance eyes Rs 500 crore AUM as FY26 profit climbs 22%
Shalibhadra Finance is set for major expansion. The company aims to more than double its loan book by FY29. This growth will be fueled by new products like Micro LAP and home loans. Geographic expansion into new states is also planned. Technology investments will enhance efficiency. Shalibhadra Finance is positioning itself for significant growth in the retail finance sector.
Profit Exclusive: SBI Can Disburse Up To Rs 80,000 Crore MSME Loans Under ECLGS, Says Chairman CS Setty
Loan growth across retail segments including home loans, personal loans and gold loans, he says, has been robust and the bank expects the trend to continue in FY27.
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh Narayanan
CreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to become a Rs 50,000 crore entity by 2028, with a significant portion from retail finance. It is actively exploring acquisitions to accelerate growth in its secured business segment.